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Aussie Casino King James Packer, Shane Warne And Michael Clarke Have A Feed And Chat At Crown Casino, by Greg Tingle - 27th December 2010

Warnie made one of his first public appearances since the Liz Hurley affair in the UK, playing host to his Shane Warne Foundation's annual Boxing Day breakfast at Packer's Crown Casino. JP attended with wife Erica in support of the event, which raises considerable financials for children who are unwell. Cricket greats Michael Clarke and Phil Hughes also attended in for a spot of breaky before heading to the Melbourne Cricket Group, where they ended up getting analysed in possibly Australia's worse performance in The Ashes Cricket series in 100 years! Performing artist Leo Sayer pumped out a few great numbers to keep the punters entertained.

News

Casino Ex Boss to Sue for $1 Million Plus, by Greg Tingle - 7th November 2010

G'day punters, casino and media millionaires and billionaires, poker high rollers, politicians and one and all. You've waited patiently for some serious and colourful news relating to Crown Casino for months now, and finally, here it is in all is non spin glory. Media Man and Gambling911 deliver Crown Casino hardcore news...

At Crown Casino they don't like to discuss sackings, which is fair enough. We like to focus on positive, not negative, when possible, but folks, this is big news.

The sacked Crown Casino chief executive officer David Courtney is now suing his former employer for refusing to honour provisions in his fat $1.25 million contract.

Courtney's position was terminated last month, following a company "restructure" that the James 'Casino King' Packer casino claimed was part of Crown's continuing strategy to reduce overheads. Some saw it as "trimming the fat", and "culling fat cats", but no one will go on record with those descriptions. Funny that.

Documents filed in Victoria's Supreme Court just this week demonstrate that while the company was within its rights to terminate his 5-year contract on a year's written notice, if it did so Courtney could receive his remaining pay over 24 months or less, much like a monthly salary. You know, horses for courses, but its hard to keep all of the people happy, all of the time.

The fascinating legal writ claims the company is now refusing to honour this clause, which he argues is a breach of the employment agreement he signed back in 2007.

The contract includes cash salary, superannuation contributions, cars and other goodies and benefits. The writ states Courtney is suing for damages, interest, costs and "such further or other relief as the court considers just".

Media Man, Gambling911 and much of the media and gaming community is hopeful that the differences can be settled amicably.

Wrap Up...

Readers... er, punters, how did you like our hard core Crown Casino report? Tell us in the forum. If you have a bet, please bet with your head, not over it, and for God's sake, have fun.

*Greg Tingle is a special contributor for Gambling911

*The writer owns shares in Crown Limited

News

Crown Casino VS Star City Friendly War, by Greg Tingle - 27th May 2010

The casino and overall gaming industry in the Asia Pacific - Australian region remains as competitive as ever, with Crown Casino, Star City and Jupiters Hotel and Casino all enjoying expensive upgrades, some into the multi million range. To top it off, another proposed development, Jewel Casino, is earmarked for regional Victoria. This update comes in the week that the Australian Productivity Commission released its long awaited report into gaming and gambling. Media Man and Gambling911 take you to the battle zone, narrowing avoiding a dash of friendly fire...

Media and gaming buzz.... mergers, takeovers, acquisitions. How much is just talk and much is real? Speculation is a plenty.

Tabcorp and arguable its main prize, Star City in Sydney, has been the talk of takeovers for about a decade. In fact the late, great, Kerry Packer, Australia's first (legal) casino king, is understood to have stopped a young James (Packer) scooping it up in the early 2000s ... think circa 2003.

Insiders still see a Crown (and other co) takeover on the cards, but its unlikely to happen for a few more years.

Tabcorp is understood to send a release to the Australian Securities Exchange (former Australian Stock Exchange) noting rumours for a 7% jump in its shares.

Texas Pacific Group is touted as being a prime funding partner in any deal, due in part to its gaming - gambling sector smarts and know how thank to its ownership of the Harrah's Entertainment casino "super whale".

There are however too many complications for a deal to occur overnight, this week, or even this year, unless a miracle happens (which Packer is capable based upon recent stunning performances).

The group is starting a $350 million, give or take another 100 or 200 mil, redevelopment of Star. ROI, "earnings uplift" and other bean counter elements won't be clear for a few years, say the experts.

Also, keep in mind the X factor - Tabcorp's Victorian wagering licence, due to expire in 2012.

Packer's Crown aka 'World Of Entertainment' has its hands full between renovations, some tied to GenerationOne job development, and Melco Crown - City Of Dreams business, fighting it out for its share of "dolphins" and "whales" aka High Rollers. Unfortunately, just a normal catch of tuna, plankton and algae are not going to pay the bills. The business model factors in a certain number of "whales" and "super whales", and Team Packer is keen to see theme not drift off course to other potential competitors in the Philippines, downtown Mandalay Bay.

Melbourne and Sin City Sydney chit chat is suggesting that certain financial analysts advise Crown has put on ice its corporate development team, a move that "proves" that major acquisitions are not on the cards for multiple years.

Tabcorp comes at a heavy price, and a ocean liner full of debt. Think debt funding running into $1 or $2 billion, as a round figure estimate. Yep, these are big boys toys, with debt to boot. Insiders question if the debt could be handled, and worked into a deal, in the current financial market (which is close to terminal... stuffed, despite Prime Minster Kevin Rudd and Treasure Wayne Swan defending Australia's financial position).

Red tape, paperwork and legal eagles would have a field day should a pro active deal get on the way, and that's before any more regulatory changes take place.

Industry analyst's advise consent would need to be required from five state governments and about a bakers dozen of regulators.

As they say, never say never, but don't hold your breath.

To wrap up on a positive note, both Crown and Tabcorp are "swimming, not drowning", as is Not the case for much of the world's gaming and casino industry, with Las Vegas and Atlantic City suffering much of of the fallout.

Crown and Star are also adapting to the new media - internet landscape, and are plugging into the exciting and headline grabbing mainstream entertainment industry, to which will help lure in the masses who can afford to pay for quality entertainment, be it KISS, Kylie, Elton John, WWE, UFC, Dita Von Teese or other.

Australia may be known for 'Underbelly', but Crown and TAB are no mugs nor small time crooks. Smart operators they are, and they can afford to play the game and launch heavy fire when the time is right. You can bet that Gambling911 and Media Man will be there when heavy ammunition in unleashed. How friendly things remain is speculation, but punters, always remember, "A Friend In Need Is A Pest"... just kidding, "A Friend Indeed" or in debt!

Gambling911 and Media Man remind readers to bet with your head, not over it, and have fun.

*Greg Tingle is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company.

*The writer owns shares in Crown Limited and Virgin and is a pro active member of Virgin Unite

 

News

Australian Logie Awards Update, by Greg Tingle - 2nd May 2010

Tonight's the night...

The 52nd annual Logie Awards. Australia is a buzz with what shows and celebs will win.

Gold Logie predictions for Rebecca Gibney, playing Julie Rafter in Seven's Packed to the Rafters.

Ray Meagher (Home and Away) and Rove McManus a wild cards.

The eight Gold Logie nominees have been the talk of the town in cafes, internet social networking and on-air calls for votes through the SMS voting system!

Centrebet on Friday had Gibney and Meagher as most likely to win, at $1.50 and $1.85 respectively. Rove was tipped at $26, Adam Hills $51. Go Adam!

Channel Seven's Home and Away has 13 nominations in various categories. Network Nine also has lucky 13 in the running.

Media Man tips at least a few awards for Nine's Underbelly, given Australia's fascination with crime, and we were settled by convicts right, so its in the blood.

Network Nine ratings are sure to be a winner, as are Crown Casino coffers. Tune in at 7.30pm as host Bert "Moonface" Newton prepares to entertain us to the nines.

*The writer owns shares in Crown Limited

*Media Man is primarily a media, publicity and internet portal development company

 

Crown Casino To Show Off Underbelly At Logie Awards, by Greg Tingle - 1st April 2010

Australia's tourism and entertainment icon, Crown Casino, gets to show of its wares on a national and international scale this coming Sunday night, with the TV smash hit 'Underbelly' in line for a number of awards. Folks, this event is all about entertainment, not table games, slots or the bottom line, or at least that's the official world. Mind you, someone has to put the 'Business' in show business, and Crown continues to deliver the goods, year after year.

Media Man and Gambling911 have been hitting the phones and pounding the pavement in order to work out who the smart money is on.

Casino tycoon, James Packer, owner of Crown, enjoys a long and largely very positive history with both Network Nine's David Gyngell, and print press publication, ACP Magazines, not that we are suggesting that would be instrumental in who gets gold, silver or a donut (0).

James Packer owned Crown Casino in Melbourne, will be host to the 2010 Logie Awards on Sunday 2nd May.

'Underbelly', which frequently features gambling (illegal dens in most cases), has been nominated for a modest bush tucker bag full of awards. The list, correct at time of publication:

Asher Keddie (Underbelly: A Tale of Two Cities), broadcast on Network Nine is up for the Outstanding Actress award.

Anna Hutchison, Underbelly: A Tale of Two Cities is nominated for the Graham Kennedy Award for Outstanding New Talent.

'Underbelly' is also up for the Most Popular Drama award.

Last Word

Bouncers and security...a number of football and cricket stars will be present, many of which are known to get a bit boisterous when on the grog. Please don't bring out the plastic handcuffs, unless absolutely necessary. Mind you, it would make bloody good television and provide plenty of fodder for paparazzi attending the gala affair. Celebs, sportsmen... you've been forewarned.

Bert Newton is hosting this year, being seen by the powers that be as a safe bet. Meantime, Bert's son, Matthew, has recently booked himself into rehab, in a step we applaud. Newton Jr played Terry 'Mr Asia' Clark in 'Underbelly: A Tale Of Two Cities'.

Our loyal and worldwide readership is looking forward to the goss following the event, so have a couple of drinks on us, but don't overdo it either. Drink too much... just slip on over to Crown Towers or Crown Metropol. They will be happy to look after you, for a price.

*The writer is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company

*The writer owns shares in Crown Limited

 

Crown Casino Aussie Millions Poker Championship kicks off, by Greg Tingle - 16th January 2010

Melbourne, if not the whole of Australia, has poker fever, thanks to casino king James Packer's brainchild, "Aussie Millions".

Media Man long time friend, associate and eyes and ears of the industry, Keith "Bendigo" Sloan, tipped us off that it would be huge and he was right on the money.

Let's start with some big picture stuff.... poker has been widely acknowledged in a court of law as primarily a game of skill. Sure, there's some luck involved, but over time on measured tests, the skill factor comes through. This is a key point in some of the arguments put forward by the Poker Players Alliance. Folks, professional poker is big business and is also a form of sports tourism, something that's been picked up on by the Victorian government, but something Australia's Labor government is still trying to grasp. Maybe it will be covered in the Aussie version of "Casino Jack"!

Let it be said from the get-go that Crown's Aussie Millions gives some much needed balance into the news media coverage of Australia's casino sector, which has been copping a bit of a battering of late. Crown's connection with tourism, sports tourism and high rollers is undisputed, and the powers that be at Crown do give back to society in a number of capacities, some of which is reported and other elements that are done on the quite. It was impossible to miss Warnie and Joe Hachem on Network Ten's 7PM project last month.

It's a given that when so many whales, high rollers and the like are in town, there's vast financial resources not far from the felt.

The Salvation Army and Unicef are just a couple of worthy causes that Crown and the powers that be have assisted over the years.

This year sees a reported 1,143 entrants have a punt at Aussie Millions...a record for major poker tournaments in Australia.

A $1,143,000 prize pool will be split amongst the top 108 players, with first place set to collect the first Aussie Millions Gold Championship Ring over $200,000 in cash.

Numerous big names were in attendance for day one including Tony G, Clonie Gowen, Sorel Mizzi, David Saab, Jason Gray, Paul Khoury, Kenneth Damm and 2005 WSOP Champ Joe Hachem. Players who returned to the felt for a second chance included Tony Dunst , Emad Tahtouh, Billy Argyros, Lee Nelson, Josh Field, Ben Delaney, Andrew Jeffreys, Leo Boxell, Amanda De Cesare, Tino Lechich, James Akenhead and 2009 Aussie Millions Champion (and PartyPoker sponsored) Stewart Scott.

Nick Haidaris has emerged with the chip lead of 165,300. Eighty-three players remained from Day 1's starting field. Those back for Day 2 include David Saab, JP Kelly, Antonis Kambouroglou, Brendan Edmonds, Con Tsapkounis, and Jim Sachinidis.

Players not back for day 2 include Tony Dunst, 2009 Aussie Millions Main Event Champ Stewart Scott, Emad Tahtouh, Barny Boatman, Matthew Pearson, Rayan Nathan, Joe Hachem, Tony G, Lee Nelson, Billy Argyros, Jonathan Karamalikis, Michael Guzzardi, James Akenhead, Ben Delaney, and Sorel Mizzi.

Day 2 at Crown Casino kicks off at 12:30 p.m where approximately 200 players will be giving it all they have in their quest for the championship.

Media Man encourages players (and management) on a winning streak to continue to give back to society, and of course the world is aware of those less fortunate including in Haiti which was recently rocked by an earthquake. Casinos and big gaming companies have much bigger resources than most, so let's see if they can even come close to helping to the extent that they did when the Aussie Victorian bushfires hit last March.

*The writer holds shares in Crown Limited
*The writer is the founder and director of Media Man
*The writer is a special contributor for Gambling911

 

 


Welcome to the unforgettable and extraordinary world that is Crown. With its unique combination of luxury, warm service, exciting elegance and non-stop spectacle, Crown offers you an experience that will linger in your mind forever.

Whether you want to be dazzled by the fire displays on Crown's riverside or pampered in the luxurious Crown Spa, this is truly a place to meet your every need and match your every mood..

The thrill of the gaming floor, the glamour of the nightlife, the sumptuous dining, the remarkable shopping, the stylish accommodation and the friendly service come together at Crown to create the world's most exciting entertainment experience. (Credit: Crown Casino).

Profile

Crown Casino and Entertainment Complex is a casino and entertainment precinct on the south bank of the Yarra River, in Melbourne, Australia attracting on average 16 million visitors yearly, making it the largest casino in Australia. Crown Casino is a unit of Crown Limited.

The complex was designed by multiple architects including award winning Daryl Jackson and opened in 1997. The complex is one of the central features of the Southbank area in the central business district and the Crown Promenade fronts onto the waterfront as part of Southbank Promenade. Children under 18 are permitted into the entertainment section of Crown but not into the gaming area or areas serving alcohol.

Casino

Crown Casino opened in 1994 at the World Trade Centre on the north bank of the Yarra River, moving to the new complex at Southbank in 1997. Actress Rachel Griffiths infamously ran through the casino topless on its opening night. It is open 24 hours a day, 7 days a week except on Christmas Day, Good Friday and Anzac Day. On these days Crown is closed from 4am and reopens 12 noon. It was originally founded, owned and run by Lloyd Williams until the Packer takeover by PBL in 1999. Crown Casino is the largest casino in the southern hemisphere, has a license for 350 table games and 2500 poker machines.

Games
Amongst other games, Crown provides the 6 main casino games of Blackjack, Craps, Pai Gow, Poker, Baccarat and Roulette but it was also the founder of an electronic version of Roulette known as Rapid Roulette. Rapid Roulette is essentially the same as traditional roulette but rather than players placing bets on a layout, all gaming takes place on a personal electronic touch screen connected to a central roulette wheel. The benefit of this is that the player has easy access to the entire betting layout, and due to the electronic nature of the game, it is both fast and accurate. Rapid Roulette has been in use for several years, and recently Rapid Bigwheel and Rapid Sic-bo have been developed.

As well as Caribbean Stud Poker on the main gaming floor, Crown has also long offered varieties of poker including Texas Hold'em. The Crown Poker Room has recently grown with the increased popularity of poker and now encompasses a large separate space in the Crown basement known as the Poker Room.

Crown casino has 2500 poker machines on the casino floor, with values of 1 cent, 2 cent, 5 cent, 10 cent, 20 Cent, 50 cent and 1 dollar available for patrons to play. The slot machines at Crown are made by Aristocrat, VLC, AGT, IGT, Konami and Stargames, with 2 Dollar machines being introduced into the VIP area.

Rewards programs
The Crown Casino have a rewards program called "Crown Club" where by playing both poker machines and table games earn the player points on the card for credit or other bonuses.

Entertainment complex

The Crown Entertainment Complex incorporates several nightclubs, a Village Cinema complex and multiple restaurants, fast food outlets, food courts and shops. The complex also houses "Galactic Circus", an electronic games arcade, laser 'tag' game and bowling alley. Notable features of the casino include its colourful entrance (commonly known as the 'Atrium', featuring stepped fountains and sound/light shows under the themes of the four seasons), and pyrotechnic towers running the length of the Casino promenade. Many luxury branded stores such as:

Prada
Burberry
Louis Vuitton
Versace

Hotels

The two hotel towers are named Crown Towers Hotel and Crown Promenade Hotel. The Crown Towers Hotel opened with the complex and is the most luxurious of the pair, located on the banks of the Yarra River overlooking the city centre, Kings Domain, Port Phillip and Docklands. A speciality area called the Crystal Club Lounge is available to people who stay in some of the more expensive suites at the Hotel.

The Crown Promenade Hotel is located on Whiteman Street. A third hotel is under construction being built at the corner of Whiteman and Clarendon Streets, Southbank. The new, as yet unnamed hotel will feature similar facilities to Crown Promenade Hotel.

The Palladium Room

The Palladium at Crown is Melbourne's grandest ballroom, with a seating capacity of 1,500 it has played host to some of Australia's premier functions including the annual TV Week Logie Awards, Brownlow Medal, Allan Border Medal and the Australian Formula 1 Grand Prix ball. It also hosted a few weddings in 2008.

Blackout

On Friday January 30 2009 The crown casino and entertainment complex was evacuated due to a blackout as a result of a 3 day heatwave. 1,200 were evacuated from the gaming floor as well as many other from the complexes shops and restaurants. The blackout lasted from 6:30pm till about midnight. Gamers were refunded cash which they had entered into poker machine before the blackout in the following days. (Credit: Wikipedia)

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James Packer Scraps Cannery Casino Resorts Crown Casino Deal - 13th March 2009

My Thoughts on Casino Mogul James Packer, by Greg Tingle - 7th March 2009

James Packer, Crown Casino Help With Australia Fires

Burswood and Crown unite to support bushfire tragedy - February 2009

Pamela Anderson May Play in Aussie Millions, by Brett Collson - 5th January 2009

Crown Macau Officially Opened by James Packer

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Crown Limited was formed on December 17, 2007 when Publishing and Broadcasting Limited (PBL) split into two new companies. Crown Limited acquired all of the gaming interests while Consolidated Media Holdings, the renamed PBL retained all of the remaining assets.


Media Man Australia does not represent Crown Casino